Wall Street Memes Raises $1 Million In Presale - Next 100x Crypto?

Join Our Telegram channel to stay up to date on breaking news coverage

Embodying the essence of meme culture, Wall Street Memes, a fast-growing cryptocurrency, has exploded onto the scene, raising almost $1 million. Wall Street Memes ($WSM) is one initiative that has recently caught the attention of crypto enthusiasts all around the world.

Wall Street Memes is one of the internet’s trendiest retail investing communities. It got recognition during the 2021 meme stock frenzy, but it has lately expanded its relevance inside the cryptocurrency world with a new presale of its linked Wall Street Memes coin.

Wall Street Memes Raises an Impressive $1 Million in 72 Hours

Wall Street Memes, an initiative designed to make fun of the greed and absurdity of Wall Street, announced its flagship meme coin, the Wall Street Memes token. The token is turning out to be a huge hit, just like every other project from the WSM group.

When it was released on May 26, the WSM token had already made more than $1 million, and the second stage of the presale sold out. It costs $0.0256 right now, but that price is likely to go up as demand continues to rise. That makes Wall Street Memes one of the most popular cryptocurrency pre-sales so far this year.

Community in a frenzy but quietly loading up. We get it, the temptation is real! ?

Don’t worry, the memes keep rolling, but we couldn’t help but share our $1M milestone. pic.twitter.com/IUcCY0gGkP

— Wall Street Memes (@wallstmemes) May 29, 2023

The project has an ambitious presale hard cap of $30.577 million, and its early success suggests that Wall Street Memes could skyrocket following an ICO. The project has a strong group behind it and a team of developers with a lot of experience.

Wall Street Memes was made by the same people who made the Wall St. Bulls NFT collection, which sold out in 32 minutes when it came out in 2021. The team is also working on an Ordinals NFT collection, which NFT buyers are very excited about.

The project team is closely associated with the Reddit/WallStreetBets community, which has over 400,000 total social media followers and has been making fun of Wall Street for years. Another feature of Wall Street Memes that has caught the interest of investors is that the project team has not allocated any $WSM to itself.

The project is fully community-driven, and all supplies are available to the community. The presale, which anybody can participate in, has allotted 50% of the $WSM supply of 2 billion tokens. Although the first two phases are now sold out, presale buyers can still purchase $WSM for $0.0256. This is over 30% less than the planned list price of $0.0337.

Furthermore, presale investors can participate in the Wall Street Memes airdrop for a chance to win $WSM. Five lucky investors will each receive $10,000 in $WSM. See our guide to the best meme coins to buy here.

Possible Wall Street Memes Listing on Binance

The Wall Street Memes coin is an excellent candidate for listing on several Tier 1 exchanges, including Binance and Coinbase. Its greatest asset is the Wall Street Memes group’s fame and financial competence.

The group rose to prominence in 2021 after inspiring the historic GameStop short squeeze as well as the explosive GME and AMC bull runs. It is one of the few instances where an army of minor internet traders defeated established financial institutions.

The WSM group wants to bring the same strength of community to the cryptocurrency market and rule the meme coin season. The group has already done a few things well in Web3. In 2021, WSM sold out of its famous Wall St Bulls NFT collection in 32 minutes, making over $2.5 million.

In May 2023, it also started selling Bitcoin Ordinal NFTs. The WSM token will try to build on the solid reputation and user base that the Web3 community has already built. Like Pepe, the Wall Street Memes token is a project run by the community as a whole.

It shows how much it cares about users by putting the community first in its tokenomics. All of the WSM tokens are available to buyers. No tokens are set aside for teams or sold privately. During the presale, you can buy 50% of the 2 billion tokens that will be offered.

The other 30% will go to community rewards. To maintain liquidity, 10% of the tokens will be given to both centralized and decentralized platforms.

Conclusion

Wall Street Memes has definitely exploded onto the meme coin scene, following in the footsteps of successful predecessors such as the PEPE and SHIB tokens. Strong community support, outstanding first-round performance in its presale, and the possibility of listing on prominent platforms such as Binance all contribute to its positive future.

$WSM is more than just another digital asset; it represents the intersection of finance and Internet culture. It’s more than just a token to keep an eye on; it’s an interesting chapter in the ongoing story of the meme coin phenomenon.

As it establishes itself in the crypto ecosystem, $WSM is poised to become a key participant in the bright and ever-changing world of meme coins. To take part in the presale visit wallstmemes.com.